Canton Hathaway LLC Trims Holdings in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC)

Canton Hathaway LLC lessened its stake in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 1.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,563 shares of the company’s stock after selling 98 shares during the period. Canton Hathaway LLC’s holdings in Fidelity MSCI Information Technology Index ETF were worth $1,145,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FTEC. Commonwealth Equity Services LLC grew its position in shares of Fidelity MSCI Information Technology Index ETF by 2.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 843,576 shares of the company’s stock worth $144,690,000 after buying an additional 20,151 shares in the last quarter. International Assets Investment Management LLC grew its holdings in Fidelity MSCI Information Technology Index ETF by 46,646.4% during the 3rd quarter. International Assets Investment Management LLC now owns 811,050 shares of the company’s stock worth $1,415,280,000 after acquiring an additional 809,315 shares in the last quarter. LPL Financial LLC increased its position in Fidelity MSCI Information Technology Index ETF by 1.5% during the 2nd quarter. LPL Financial LLC now owns 278,685 shares of the company’s stock valued at $47,800,000 after purchasing an additional 4,017 shares during the period. AGF Management Ltd. raised its holdings in shares of Fidelity MSCI Information Technology Index ETF by 18.4% in the 2nd quarter. AGF Management Ltd. now owns 263,567 shares of the company’s stock valued at $45,207,000 after purchasing an additional 40,910 shares in the last quarter. Finally, Kestra Investment Management LLC purchased a new stake in shares of Fidelity MSCI Information Technology Index ETF in the 2nd quarter worth approximately $23,275,000.

Fidelity MSCI Information Technology Index ETF Stock Performance

NYSEARCA FTEC opened at $184.90 on Monday. The company has a market cap of $11.52 billion, a PE ratio of 37.14 and a beta of 1.41. The firm’s 50 day moving average price is $177.45 and its 200-day moving average price is $170.62. Fidelity MSCI Information Technology Index ETF has a 52-week low of $135.17 and a 52-week high of $186.33.

Fidelity MSCI Information Technology Index ETF Company Profile

The Fidelity MSCI Information Technology Index ETF (FTEC) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a market-cap-weighted index of stocks in the broad US information technology sector. FTEC was launched on Oct 21, 2013 and is managed by Fidelity.